Exact World Series Results- *prices*

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  • Tsoprano
    BARRELED IN @ SBR!
    • 04-14-08
    • 26374

    #1
    Exact World Series Results- *prices*
    Phillies in 4 +1200
    Phillies in 5 +570
    Phillies in 6 +450
    Phillies in 7 +500
    ........................................
    Rays in 4 +850
    Rays in 5 +450
    Rays in 6 +330
    Rays in 7 +430
  • Ganchrow
    SBR Hall of Famer
    • 08-28-05
    • 5011

    #2
    Originally posted by Tsoprano
    Phillies in 4 +1200
    Phillies in 5 +570
    Phillies in 6 +450
    Phillies in 7 +500
    ........................................
    Rays in 4 +850
    Rays in 5 +450
    Rays in 6 +330
    Rays in 7 +430
    Be careful ... that's a not insubstantial 22.0% vig you'd be betting into with those lines.

    I'll also note that if we take the current Pinnacle series price (PHI +132/TAM -142) to be an unbiased indicator of true series win probability, then the vig in the above exact series win result market is a bit higher on the Phillies (~25.0%) than on the Rays (~17.2%).
    Comment
    • Ganchrow
      SBR Hall of Famer
      • 08-28-05
      • 5011

      #3
      By the way, if you can come up with stationary probability estimates for either team winning each game (although for what it's worth, stationarity is almost certainly not a strictly valid assumption) then you can use my Series Win Probability Calculator for Excel to determine exact World Series results probabilities and fair prices.
      Comment
      • Tsoprano
        BARRELED IN @ SBR!
        • 04-14-08
        • 26374

        #4
        Betting Rays in 4, 5, and 6 makes a guaranteed profit, and I dont see them losing the series. (or it going to a game 7)
        Comment
        • Ganchrow
          SBR Hall of Famer
          • 08-28-05
          • 5011

          #5
          Originally posted by Tsoprano
          Betting Rays in 4, 5, and 6 makes a guaranteed profit, and I dont see them losing the series. (or it going to a game 7)
          If you believe there to be a zero probability of the series going to 7, then taking the Rays to win in 4, 5, & 6 games (securing an equivalent reyurn for each outcome) then you'd be effectively betting the Rays series ML at -108.2. That's a fantastic line compared to the Pinnacle line of -132 (although as stated it hinges on the a priori assumption that the series won't go to 7).

          If you further believe the Phillies win probability to be zero, then this would correspond to a monstrous edge of 92.44%.

          Personally, however, I'm ever-so-slightly skeptical.
          Comment
          • Tsoprano
            BARRELED IN @ SBR!
            • 04-14-08
            • 26374

            #6
            Yea Ganch, I truly do not see Phillies taking the title at all. Maybe im wrong, but I feel really strong about that factor.
            Comment
            • donjuan
              SBR MVP
              • 08-29-07
              • 3993

              #7
              Yea Ganch, I truly do not see Phillies taking the title at all. Maybe im wrong, but I feel really strong about that factor.
              Ganchrow is far too nice. You're as clueless as whatever idiot at Bodog put up +390 for the series to go 7 games.
              Comment
              • betplom
                SBR Posting Legend
                • 09-20-06
                • 13444

                #8
                Originally posted by donjuan
                Ganchrow is far too nice. You're as clueless as whatever idiot at Bodog put up +390 for the series to go 7 games.
                There really was no need for such a rude and ignorant response.

                DonnyJu, don't misinterpret this as me "begging for winners" I'm simply pointing out a very annoying flaw in your personality. I doubt you can even comprehend this.

                You may be good with numbers/statistics but your as charming as a steaming pile of dog shit
                Comment
                • treece
                  SBR Hall of Famer
                  • 11-28-07
                  • 6298

                  #9
                  Look at the big brain on Ganch.
                  Comment
                  • wtt0315
                    SBR Hall of Famer
                    • 01-18-07
                    • 8037

                    #10
                    wow i see phillies sweeping but they will lose game three with moyer pitching. tampa could pitch phil neikro against them and win there. but i think i will go huge on philly in 4 and 5
                    Comment
                    • jjgold
                      SBR Aristocracy
                      • 07-20-05
                      • 388179

                      #11
                      Rays in 6
                      Comment
                      • Bread
                        SBR Posting Legend
                        • 03-16-08
                        • 23726

                        #12
                        Rays in seven.

                        And to beat DonnyJuanny to the punch, yes, I'm an idiot.

                        Comment
                        • CaneDawg
                          SBR Hall of Famer
                          • 08-25-08
                          • 6256

                          #13
                          rays in 6
                          Comment
                          • donjuan
                            SBR MVP
                            • 08-29-07
                            • 3993

                            #14
                            There really was no need for such a rude and ignorant response.
                            Why? It was a dumb-as-a-doorknob statement.

                            DonnyJu, don't misinterpret this as me "begging for winners"
                            It was "begging for +EV info", not "begging for winners". Clearly your lack of understanding of gambling is matched by your lack of memory.

                            I'm simply pointing out a very annoying flaw in your personality. I doubt you can even comprehend this.
                            This is a sports betting forum, not a Dr. Phil forum. Did I hurt your feelings? Go run and tell Mommy.

                            You may be good with numbers/statistics but your [sic] as charming as a steaming pile of dog
                            I'm really not that great with numbers and statistics; I just happen to have a basic understanding that isn't comparable to that of a salmon. Here's a hint: if you are trying to insult someone, it works better when you don't embarrass yourself with 3rd grade grammatical errors.
                            Comment
                            • wtt0315
                              SBR Hall of Famer
                              • 01-18-07
                              • 8037

                              #15
                              ok so consider this will be a pretty even price series through out and if i really think the phillies will win in 4 should i just take my money and put it all in each game?
                              +1200 = 1200 dollar win if they do it in 4 on a 100 dollar bet
                              100 dollar bet even money for 4 games = 1600 am i doing correct math here?
                              Comment
                              • donjuan
                                SBR MVP
                                • 08-29-07
                                • 3993

                                #16
                                That would be assuming the Phillies will be +100 for each game. You'll probably get better than that for games other than Game 1.
                                Comment
                                • smitch124
                                  SBR Posting Legend
                                  • 05-19-08
                                  • 12566

                                  #17
                                  Originally posted by donjuan
                                  Ganchrow is far too nice. You're as clueless as whatever idiot at Bodog put up +390 for the series to go 7 games.
                                  I'm showing +225 now. Did it really come down that much?
                                  Comment
                                  • donjuan
                                    SBR MVP
                                    • 08-29-07
                                    • 3993

                                    #18
                                    I'm showing +225 now. Did it really come down that much?
                                    I meant to say 380, but yes. Unfortunately it was only a $100 max.
                                    Comment
                                    • Crayzee
                                      SBR MVP
                                      • 10-27-06
                                      • 4945

                                      #19
                                      rays in 5
                                      Comment
                                      • Tsoprano
                                        BARRELED IN @ SBR!
                                        • 04-14-08
                                        • 26374

                                        #20
                                        I dont see this going to a game 7.
                                        Comment
                                        • MickChunky
                                          SBR MVP
                                          • 10-31-06
                                          • 1452

                                          #21
                                          Phillies in 6 +600 BookMaker
                                          Comment
                                          • donjuan
                                            SBR MVP
                                            • 08-29-07
                                            • 3993

                                            #22
                                            I dont see this going to a game 7.
                                            I fail to see what this is supposed to mean. Does this mean there is a 0% chance of there being a 7th game? Does it mean it's likely that it won't go to a 7th game?
                                            Comment
                                            • durito
                                              SBR Posting Legend
                                              • 07-03-06
                                              • 13173

                                              #23
                                              i see this series only going 3 games
                                              Comment
                                              • smitch124
                                                SBR Posting Legend
                                                • 05-19-08
                                                • 12566

                                                #24
                                                Bread played the David Price will get exactly 5 saves prop.
                                                Comment
                                                • Tsoprano
                                                  BARRELED IN @ SBR!
                                                  • 04-14-08
                                                  • 26374

                                                  #25
                                                  Originally posted by donjuan
                                                  I fail to see what this is supposed to mean. Does this mean there is a 0% chance of there being a 7th game? Does it mean it's likely that it won't go to a 7th game?
                                                  What? It means I don't think it will go 7 games.
                                                  Comment
                                                  • donjuan
                                                    SBR MVP
                                                    • 08-29-07
                                                    • 3993

                                                    #26
                                                    What? It means I don't think it will go 7 games.
                                                    So how often (expressed as a percentage) do you think this series goes to 7 games?
                                                    Comment
                                                    • dwaechte
                                                      SBR Hall of Famer
                                                      • 08-27-07
                                                      • 5481

                                                      #27
                                                      Originally posted by donjuan
                                                      So how often (expressed as a percentage) do you think this series goes to 7 games?
                                                      I hope you're aiming to actually be constructive with that question.
                                                      Comment
                                                      • donjuan
                                                        SBR MVP
                                                        • 08-29-07
                                                        • 3993

                                                        #28
                                                        I hope you're aiming to actually be constructive with that question.
                                                        It depends on the answer. If it's some variant of a vacuous statement like "I just don't think it will go 7 games" then it's kind of hard to be constructive.
                                                        Comment
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